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Old 07-28-2016, 05:42 AM   #41
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US heavy equipment manufacturing is hurting real bad right now, despite infrastructure spending . CAT bought mining company Bucyrus Erie a few years back, and mining has been slammed.

Komatsu announced last week their intentions to buy Joy Global, the biggest and best underground mining manufacturer, for peanuts.
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Old 07-28-2016, 07:57 AM   #42
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Latest outlook for the company.... Jobs, shutdowns and expectations.

Caterpillar Slashes Guidance, Announces More Job Cuts
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Old 07-28-2016, 09:10 AM   #43
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There is a future expectation that either president may be very likely to kickoff a great national infrastructure plan to move the economy forward. Cat would be a major winner in this scenario. It plays to current value of course due to EV calculations.


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Old 07-28-2016, 09:53 AM   #44
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I think a lot of the run up lately (16% in past month) has been dividend seekers, since interest rates have in the past month fallen in CD offerings, and folks are constantly rolling off higher interest vehicles with nowhere to get good rates.

I think you see this in other high dividend items, they have been bid up in price as people seek the higher return.
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Old 07-28-2016, 03:02 PM   #45
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Here is a screen capture from fastgraphs (paid service).
PERFORMANCE RESULTS for 12/31/1996 to 07/27/2016.
Hard to explain the NAV run-up this year.
Attached Images
File Type: png CAT.PNG (91.3 KB, 27 views)
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Old 07-28-2016, 05:45 PM   #46
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Thanks to you all for your thoughts. I have to agree, "short term" volatility and the pay-out ratio outweigh the longer term possibilities at this point.
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Old 09-29-2016, 09:13 AM   #47
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This is not correct ! It appears as if the div was cut in 2005 , to 25c from 41c .... however , taking into account that there was a 2 for 1 stock split, it actually rose from 20.5c to 25c.

I have bought and sold CAT over many years , and the worst that has ever happened is that they kept the div constant for 2 years. I have bought recently at around the $70 mark , and am happy with a 4.4% gross return .... and am as sure as one can be that 4 or 5 yrs down the road I will see a good return (will sell for a lot more than $70)
Looks my "4 or 5 years" has come quicker (and impossible to explain rationally) than I thought - nibbling just under $89 today , at 25% profit + in this timescale , me thinks it's time to take it ?.
(But as I said before , someone is buying at these levels ... thinking it makes good sense ..... I just can't see it !)
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Old 09-30-2016, 06:29 AM   #48
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I would hold cat at least until the next prez announce a reconstruction plan next year.


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Old 09-30-2016, 10:00 PM   #49
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Fortunately I never acted on my last post and have enjoyed the news these last few days. Just another version of a lazy portfolio I guess.
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Old 11-13-2016, 05:37 PM   #50
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Great advice dallas27. But I think it's time I put some stop limits in finally.
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Old 11-13-2016, 10:39 PM   #51
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Well Obviously I have never picked winning lottery numbers ..... Before it got to these levels I thought it was too high...
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Old 11-22-2016, 06:55 PM   #52
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If the infrastructure program goes then all construction type businesses will improve .
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Old 01-26-2017, 04:52 AM   #53
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I sold some yesterday at $98.3 and made good profit .... results due out today and pre-market already showing $99 + ... all seems mad to me. Clearly others think differently !
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Old 03-04-2017, 09:32 AM   #54
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Caterpillar offices raided in probe related to Swiss unit

99.46 IS 52-WEEK HIGH on 1-23-2017.

95.00 close on 3-3-2017.

Could get worse, I suppose.
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Old 03-04-2017, 10:31 AM   #55
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I've been amazed at the price run up, considering their income has been declining for 5 years straight. Just goes to show how I don't understand these things...
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Old 03-04-2017, 12:06 PM   #56
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It's as if you were in a bait store, and someone announced that the price of Caterpillars is now higher. Everyone in the store runs to the Caterpillar aisle to buy more.
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Old 03-05-2017, 12:14 PM   #57
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It's as if you were in a bait store, and someone announced that the price of Caterpillars is now higher. Everyone in the store runs to the Caterpillar aisle to buy more.
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